NYSE:NEM

Newmont Mining (US) (NEM)

108.34
+0.87 (0.81%)
as of Jun 4, 2026, 8:18:03 pm Market Open.
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Investor Insights
star iconJun 4, 2026, 12:00 am

This summary was created by AI, based on 3 opinions in the last 12 months.

Newmont Mining (NEM) has garnered positive attention from experts who appreciate its recent performance linked to the rising gold prices. One reviewer noted an impressive run-up from $40 to $127, suggesting that selling on spikes may be a prudent strategy given the volatility of the gold market. Another expert highlighted a significant 168% increase correlating with gold's upward trajectory, although they prefer Agnico Eagle Mines (AEM) as a more favorable investment. A third review indicates a bullish outlook for gold while recommending a switch to an intermediate producer for greater leverage. Collectively, these perspectives underscore Newmont Mining's strength amidst broader market fluctuations, while also pointing to alternative investment choices within the precious metals sector.

consensus icon
Consensus
Positive
valuation icon
Valuation
Fair Value
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Similar
AEM-T
DON'T BUY

Likes it, but buy Barrick instead. The gold stocks as a whole are hot.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly NEM is a good defensive holding -- a well funded, high level dividend; inflation protection; and market uncertainty protection. As a miner, primarily of gold, with reserves over 94 million ounces, it checks a lot of boxes. Trading at 20x earnings, it is cheaper than its peers at 26x. Over 75% of the shares are held by large institutions, giving it more staying power. Its dividend is backed by a payout ratio of 57%. We would buy this with a stop loss at $52, looking to achieve $80 -- upside exceeding 23%. Yield 3.56% (Analysts’ price target is $72.91)
BUY

The USD and gold price The debt clock in Times Square will hit $30 trillion in a couple weeks. If you can't get bearish on the USD with that, he doesn't what will. He was wrong--he thought the USD would continue to slide since last fall into this spring, but it's obviously bounce--but the bounce is temporary, he thinks. The dollar will continue to fall, which will benefit metals. He didn't think gold would fall down here, either, but at least gold has held the low of June 2020. In this space, Newmont around $57 off last summer's $70 looks interesting.

PAST TOP PICK
(A Top Pick Jul 11/19, Up 61%) He has been bullish on the golds for some while and thinks you should hold a minimum of 20% in your portfolio. He continues to hold his gold stocks and they are now running close to 40% of his portfolio. He is letting them run as they have miles to go.
TOP PICK
He is not a gold bug but there is a time to own golds. It makes sense due to all the monetary stimulus and all the money printing around the world. They just raised their dividend 78%. They are about to start a new mine in Mexico. 90% of their production is up and running. It continues to be an under-owned group. (Analysts’ price target is $64.63)
PAST TOP PICK
(A Top Pick Aug 20/18, Up 3.75%) Used to be Goldcorp, which got bought out. If you're bullish on gold, your best leverage is in the stocks. Bullion is a lot more stable, but if you're in gold stocks, you're in it for the fun and the gains.
TOP PICK
Likes the golds, and likes this one. (Analysts’ price target is $42.76)
BUY
Resistance is at $36.75, but he expects it to breakout to the mid-$40's. Looks pretty good, and all indicators point upward. The USD is the linchpin; if the USD pushes up, gold goes back down. But he's bullish gold.
PAST TOP PICK

(Top Pick Oct 26/15, Up 91.64%) For three years in a row they killed gold stocks. It worked out fabulously well. It went up to EBV +3, where they trimmed their position. There is a 13% downside to his model price.

PAST TOP PICK

(A Top Pick Nov 25/14. Up 10.1%.) *Short* He hates gold in general. Gold prices in US$ does not do well.

TOP PICK

The model price is 24% lower than it is today. It is a stock in conflict t. The analysts and the street are negative. Put it away. Day to day you can`t look at it.

TOP PICK

*Short* Hates gold companies and gold prices. We are in for another decade or more of disappointment. This is one of the few material names in the US, so it is widely held by generalists, but what it doesn’t have going for it is growth. Has had no growth for years. Huge issues with debt at $6.8 billion. It needs to spend roughly $2.6 billion over the next year or so, just to maintain production. If the Swiss don’t vote for gold to be backed by the central bank reserve, then gold will be under pressure and gold stocks will be very, very weak. Yield of 0.51%.

HOLD

How much worse can it get. It will eventually go up with gold. He is encouraged by what is going on with gold. Prefers one of his top picks for a gold pick.

COMMENT

Model prices $28.18. Gold stocks are very hard to predict. As the price of the SPDR Gold ETF (GLD-N) goes down, the pressure on gold stocks is enormous.

COMMENT

It is possible that gold could go down even further. If you are considering this, consider doing a partial Buy now followed by more in the months to come. (See Top Picks.)

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